Former Minister, Ojo Maduekwe, Literary Icon, Elechi Amadi, Pass on Ekweremadu, Wike, Walid, Obi, Peterside express shock Iyobosa Uwugiaren, Onyebuchi Ezigbo in Abuja and Ernest Chinwo in Port Harcourt Family, friends and associates
were thrown into mourning yesterday when Nigeria lost two renowned figures – former Minister of Foreign Affairs, lawyer and politician, Chief Ojo Maduekwe, and
foremost literary icon, Captain Elechi Amadi (rtd), of “The Concubine” fame. Maduekwe, who was until his death the Secretary of the Board of Trustees (BoT) of the
Peoples Democratic Party (PDP), died yesterday at the age of 71 shortly after taking ill after he returned from a trip Continued on page 9
.. .. ..
Court Sacks Sheriff as PDP Chairman... Page 8
Maduekwe
Amadi
MTN Pays Another N30bn, Wins 2.6GHz Licence... Page 56 Thursday 30 June, 2016 Vol 21. No 7735. Price: N250
www.thisdaylive.com TR
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& RE A S O
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Kachikwu Signs $80bn Oil and Gas Infrastructure Deals in China Gets further commitments from Sinopec, CNOOC to close $20bn upstream deals in months
Ejiofor Alike in Lagos and Chineme Okafor in Abuja
Continued on page 8
TOP GAINERS NGN NGN % WEMA 0.06 0.81 8.0 JBERGER 2.42 50.93 4.9 BERGERPAINTS 0.36 7.67 4.9 SKYEBANK 0.05 1.09 4.8 UPL 0.21 4.58 4.8 TOP LOSERS NGN NGN % FIDSON 0.17 2.27 6.9 ASHAKACEM 1.05 19.95 5.0 CHAMPBREW 0.23 4.46 4.9 UPDC 0.22 4.28 4.8 TRANSEXP 0.07 1.41 4.7 HPE Nestle Nig Plc ₦N850.15 Volume: 305.813 million shares Value: N2.857 billion Deals: 4,640 As at yesterday 29/06/16 See details on Page 54
Investment opportunities - Ventures
Investment opportunities - Power
Plants
Project name
Description
1. Abuja power plant
Design, construct and operate a 1350MW power plant in Abuja 1.6-2.0
2. Kaduna power plant
Design, construct and operate a 900MW power plant in Kaduna 1.0-1.3
3. Kano power plant
Design, construct and operate a 900MW power plant in Kano 1.0-1.3
Project & Description
Investment required USD billions
Total
Ventures
3.
4.
4.
Investment required USD billions
1.Investment in equipment leasing (rigs, FPSOs) and operations & maintenance services
0.25-0.3
2.Development of multi-specialist hospital and cancer diagnosis and treatment centres at Lagos, Kaduna, Abuja, and Warri
0.25-0.3
3.Establishment of 400,000MT L-SAW Pipe Mill
0.23-0.3
3.6-4.5
0.7-1
Total
Gusau Maiduguri
Kano
4.
Zaria Source: NNPC ABUs, CP&S
Minna
Investment opportunities - Gas Infrastructure Project name
Description
Investment required USD billions
Nigeria 1. QIT to OB/OB BOO 261 km x 36 inches pipeline pipeline pipeline from QIT--Ukanafun project -Obigbo-Ob/Ob 2. OUA pipeline
BOO 418 km x 36 inches pipeline from ObigboUmuahia-Ajaokuta
1 3. AKK pipeline
BOO 683 km x 40 inches pipeline from Ajaokuta – Abuja – Kaduna – Kano (Already tendered)
Total
1.
Yola
Jos
Ilorin
Project & Description
Mosimi
0.9-1.1
1.3-1.6 1.3-1.6
Ibadan
Atlas call Cove
1,2.
4.
4. 3.
Historical returns on NNPC midstream projects have been in the range of ~10-15%
1. 7.
Makurdi
Ore Auchi
Satellite Mosimi
2.2-2.7
WRPC
Escravos
2.
4.
3. AKK pipeline
Calabar Port Harcourt
PHRC
1,2. 2.
Intervention & 1. KRPC Rehab of Water Treatment Plant Rehab of Power Generation System Revamp of Refinery Control System
Irehab
2. 24”X783km Warri/Port Harcout/Kaduna crude pipeline
0.8-1
New 16”x72.8km Atlas Cove to Mosimi 3. pipeline with associated upgrade of pumping station
0.1-0.12
4.Construction of 120,000 metric tons petroleum products storage tanks as strategic reserves
0.2-0.3
5.12km subsea pipeline Atlas Cove to Apapa
0.06-0.08
6.Installation of 100 new technology based product filling stations with ultramodern 0.3-0.4 forecourt facilities Total
6.
2. PHRC
3. Kano power plant Investment opportunities - Upsteam Gas Development Description
1.
1. Abuja power plant 0.4-0.5
2. Kaduna power plant
2. PHRC n
Procurement and Installation of Boilers System Crude / Product Storage & Evacuation 0.3-0.4
3. WRPC n Col-located refineries Total
Rehab of Waste Water Treatment Plant Upgrade jetty; dredge channel Rehab of Power Plant & Utilities
0.6-0.7
4. PHRC Additional Capacity of 50 kbopd
0.1-0.2 1.4-1.8
Historical returns on NNPC midstream projects have been in the range of ~10-15%
3-3.9
Historical returns on NNPC downstream projects have been in the range of ~15%+
1. QIT to OB/OB pipeline 1.
1.6-2
Pipeline depot
2.
Investment opportunities - Refineries Investment required USD billions
1.Revamp LPG and build new CNG plants
Retail
2. OUA pipeline
1.
3.
2.
Investment required USD billions
LPG/CNG
1,4 KRPC
Aba
Bonny
5.
Makurdi
Enugu
Benin
Warri
3. WRPC
Project & Description
Investment opportunities - Downstream
Suleja
Gas Development
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has signed Memorandums of Understanding (MoUs) with several Chinese firms for over $80 billion new investments, spanning five years, in the oil and gas industry covering pipelines, refineries, gas and power, facility refurbishments and upstream financing. Speaking exclusively to THISDAY yesterday from Beijing, China, Kachikwu said the agreements had been executed during the
SCHEMATIC MAP FOR THE OIL AND GAS INFRASTRUCTURE GAPS
Power Gas Infrastructure Refineries Ventures Downstream Upstream Gas Development
Investment required USD billions
1. Development of 4.3TCF Asaa North/Ohaji South 500-600mmscfd 1.2-1.5 2. Development of 6.5TCF Ekulama, Awoba and Alakiri 250-500mmscfd 0.6-0.8 3. Development of 6.4TCF gas fields (SamabriBiseni, Akri- Oguta, Ubie-Oshi, and 1.5-1.9 Afuo-Ogbainbiri)500-600mmscfd
4. Development of 7TCF NPDC’s OML 26, 30 & 42 500-600mmscfd 0.9-1.1 5. Development of 2.2TCF SPDC JV Gas Supply to Brass Fertilizer Company 0.1-0.2 270mmscfd 6. Cluster development of 5TCF OPL 2001, 2002 and 2003 to support the expansion of Seven Energy Uquo Gas Plant; 400mmscfd 1.8-2.3 7. Cluster development of 6TCF Okpokunou/ Tuomo West (OML 35/62) 7.3-9.2 500-600mmscfd
Total
7.3-9.3
Historical returns on NNPC upstream projects have been in the range of ~ 15%+
Source: NNPC ABUs, CP&S